Joe Budden Isn't Getting Signed by Eminem, But He Is Hitting the 305

The Internet has always been a cesspool of rumors, misinformation, and innuendo.

But the rapid rise of the blogosphere, the Facebook boom, and the viral proliferation of Twitter have cranked up the online noise to about a billion decibels.

And the latest debunked bit of web bullshit: Some hearsay that Jersey City spitter Joe Budden was set to score a solo record deal with Eminem's Shady Records.

Now it's true that Budden's supercrew Slaughterhouse -- Crooked I, Joell Ortiz, and Royce da 5'9" -- has been signed to Slim's imprint since the beginning of this year. So the chatter wasn't totally scattershot.